From:	XXXX
Sent:	December-04-13 10:47 AM
To:	Consumer Code / Code consommateur
Subject:	consumer code

Maybe it would be a good idea to look at the "know your client" rules. Bluntly, they do 
not properly cover risk profiles – or explain the real meaning of risk as being short term. 
I can guarantee you that in every decade, there will be a period in which nothing looks 
like it will make money, and clients need to understand that the market is not a short 
term investment. There is nothing in KYCs that cover this type of discussion – or make it 
mandatory – which means that the clients are still not educated by their financial 
advisors.

XXXX